BEAM

Beam Therapeutics Inc.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is BEAM Halal?

Base editing technology — gene therapy ethics apply.

What You Should Know

Precision gene editing for genetic diseases. Its March 31, 2026 Form 10-Q reports $1,480.798 million of assets, $250.822 million of conservative debt and leases, $288.291 million of cash, $923.361 million of marketable securities and $31.738 million of quarterly revenue. Debt/assets is 16.94% and receivables-plus-cash/assets is 19.47%, but liquidity/assets is 81.83% and disclosed interest and other income is 31.08% of revenue. The examined financial screens fail; consult an Islamic bioethics scholar.

⚠️ Concerns

  • Ethical considerations
  • Early stage
  • Liquidity and income screens fail

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
16.94%Within limit
Below 33.333% under FTSE Yasaar

250.822 / 1,480.798

Cash + interest-bearing securities / assets
81.82%Above limit
Below 33.333% under FTSE Yasaar

1,211.652 / 1,480.798

Receivables + cash / assets
19.47%Within limit
Below 50% under FTSE Yasaar

288.291 / 1,480.798

Non-compliant income / revenue
31.09%Above limit
No more than 5% under FTSE Yasaar

9.867 / 31.738

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Liquidity/assets is 81.83%, above the examined 33.333% limit, and disclosed interest and other income is 31.08% of revenue; debt/assets is 16.94% and receivables-plus-cash/assets is 19.47%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Liquidity/assets is 81.83%, above the examined 33.33% limit; debt/assets and receivables-plus-cash remain below the examined limits.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Liquidity/assets is 81.83%, above the examined Malaysia 33% limit; debt/assets is 16.94%. This calculation is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.

Business-activity disclosure

Beam develops precision gene-editing therapies. Therapeutic healthcare is generally permissible, while gene-editing boundaries, licensing and product allocation require qualified scholarly review.

Limitation: The filing does not provide a universal prohibited-activity numerator across collaborations and therapeutic programs.

Purification

Beam discloses $9.867 million of interest and other income, but no scholar-approved purification percentage is asserted for the operating business.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Beam Therapeutics' March 31, 2026 Form 10-Q.
  • Conservative debt includes $100.193 million long-term debt and $150.629 million of current and noncurrent operating-lease liabilities.
  • Cash and cash equivalents are $288.291 million and current marketable securities are $923.361 million; no separate accounts-receivable balance is tagged in the filing facts.
  • Quarterly revenue is $31.738 million and disclosed interest and other income is $9.867 million, or 31.08% of revenue.
  • Base-editing therapeutics are generally permissible in the retained qualitative analysis, but bioethics and clinical-program allocation remain case-dependent.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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